Credit Quality of Loans and the Allowance for Loan Losses (Tables)

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

Schedule of Allowance for Loan Losses

Three months ended September 30, 2016	One-to-four family residential			All other mortgage loans			Commercial business loans		Consumer loans		Unallocated		Total
	(In thousands)
Beginning balance	$	1,582		$	957		$	234	$	3	$	—	$	2,776
Provision charged           to expense		(105	)		238			75		—		—		208
Losses charged           off		—			(78	)		—		—		—		(78	)
Recoveries		—			—			1		—		—		1
Ending balance	$	1,477		$	1,117		$	310	$	3	$	—	$	2,907

Three months ended September 30, 2015	One-to-four family residential			All other mortgage loans			Commercial business loans			Consumer loans		Unallocated			Total
	(In thousands)
Beginning balance	$	1,115		$	1,164		$	346		$	5	$	38		$	2,668
Provision charged           to expense		562			(99	)		(68	)		—		(38	)		357
Losses charged           off		(278	)		—			—			—		—			(278	)
Recoveries		2			—			1			—		—			3
Ending balance	$	1,401		$	1,065		$	279		$	5	$	—		$	2,750

Nine months ended September 30, 2016	One-to-four family residential		All other mortgage loans			Commercial business loans		Consumer loans			Unallocated		Total
	(In thousands)
Beginning balance	$	1,346	$	1,210		$	279	$	2		$	—	$	2,837
Provision charged           to expense		130		(10	)		30		2			—		152
Losses charged           off		—		(83	)		—		(1	)		—		(84	)
Recoveries		1		—			1		—			—		2
Ending balance	$	1,477	$	1,117		$	310	$	3		$	—	$	2,907

Nine months ended September 30, 2015	One-to-four family residential			All other mortgage loans		Commercial business loans			Consumer loans			Unallocated		Total
	(In thousands)
Beginning balance	$	1,533		$	885	$	343		$	8		$	—	$	2,769
Provision charged           to expense		959			180		(65	)		(3	)		—		1,071
Losses charged           off		(1,137	)		—		—			—			—		(1,137	)
Recoveries		46			—		1			—			—		47
Ending balance	$	1,401		$	1,065	$	279		$	5		$	—	$	2,750

The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on the portfolio segment and impairment method as of September 30, 2016 and December 31, 2015:

September 30, 2016	One-to-four family residential		All other mortgage loans		Commercial business loans		Consumer loans		Total
Allowance Balances:		(In thousands)
Ending balance:
Individually evaluated      for impairment	$	397	$	54	$	44	$	—	$	495
Collectively evaluated      for impairment		1,080		1,063		266		3		2,412
Total allowance for loan losses	$	1,477	$	1,117	$	310	$	3	$	2,907
Loan Balances:
Ending balance:
Individually evaluated      for impairment	$	1,690	$	1,133	$	44	$	—	$	2,867
Collectively evaluated      for impairment		184,325		121,563		21,373		1,860		329,121
Total balance	$	186,015	$	122,696	$	21,417	$	1,860	$	331,988

December 31, 2015	One-to-four family residential		All other mortgage loans		Commercial business loans		Consumer loans		Total
Allowance Balances:	(In thousands)
Ending balance:
Individually evaluated for      impairment	$	506	$	13	$	33	$	—	$	552
Collectively evaluated for      impairment		840		1,197		246		2		2,285
Total allowance for loan losses	$	1,346	$	1,210	$	279	$	2	$	2,837
Loan Balances:
Ending balance:
Individually evaluated for      impairment	$	2,789	$	1,061	$	33	$	—	$	3,883
Collectively evaluated for      impairment		176,943		104,060		17,998		1,904		300,905
Total balance	$	179,732	$	105,121	$	18,031	$	1,904	$	304,788

Schedule of Loans Receivable by Credit Risk Profile

September 30, 2016	One-to-four family residential		All other mortgage loans		Commercial business loans		Consumer loans
	(In thousands)
Rating *
Pass (Risk 1-4)	$	182,553	$	118,645	$	20,686	$	1,860
Special Mention (Risk 5)		282		128		537		—
Substandard (Risk 6)		3,180		3,923		194		—
Total	$	186,015	$	122,696	$	21,417	$	1,860

December 31, 2015	One-to-four family residential		All other mortgage loans		Commercial business loans		Consumer loans
	(In thousands)
Rating *
Pass (Risk 1-4)	$	172,617	$	100,961	$	17,893	$	1,904
Special Mention (Risk 5)		1,406		1,881		105		—
Substandard (Risk 6)		5,709		2,279		33		—
Total	$	179,732	$	105,121	$	18,031	$	1,904

Schedule of Aging Analysis of Loans Receivable

September 30, 2016	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans Receivable
	(In thousands)
One-to-four family      residential loans	$	1,366	$	155	$	706	$	2,227	$	183,788	$	186,015
All other mortgage loans		115		—		—		115		122,581		122,696
Commercial business      loans		15		42		22		79		21,338		21,417
Consumer loans		—		—		—		—		1,860		1,860
Total	$	1,496	$	197	$	728	$	2,421	$	329,567	$	331,988

December 31, 2015	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans Receivable
	(In thousands)
One-to-four family      residential loans	$	516	$	329	$	903	$	1,748	$	177,984	$	179,732
All other mortgage loans		298		—		209		507		104,614		105,121
Commercial business      loans		68		—		—		68		17,963		18,031
Consumer loans		—		—		—		—		1,904		1,904
Total	$	882	$	329	$	1,112	$	2,323	$	302,465	$	304,788

Schedule of Non-accrual Loans

Nonaccrual loans	September 30, 2016		December 31, 2015
	(In thousands)
One-to-four family residential loans	$	1,392	$	1,733
Nonresidential real estate loans		166		208
All other mortgage loans		—		—
Commercial business loans		—		—
Consumer loans		—		—
Total	$	1,558	$	1,941

Schedule of Impaired Loans

	As of September 30, 2016						Three months ended September 30, 2016				Nine months ended September 30, 2016
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
	(In thousands)
Loans without a      specific valuation      allowance
One-to-four family      residential loans	$	1,154	$	1,168	$	—	$	1,024	$	10	$	1,044	$	30
All other mortgage      loans		1,060		1,060		—		1,045		17		782		52
Commercial business      loans		—		—		—		—		—		—		—
Loans with a      specific valuation      allowance
One-to-four family      residential loans		536		536		397		652		—		911		—
All other mortgage      loans		73		73		54		159		1		390		—
Commercial business      loans		44		44		44		49		—		40		1
Total:
One-to-four family      residential loans	$	1,690	$	1,704	$	397	$	1,676	$	10	$	1,956	$	30
All other mortgage      loans		1,133		1,133		54		1,204		18		1,173		52
Commercial business      loans		44		44		44		49		—		40		1
	$	2,867	$	2,881	$	495	$	2,929	$	28	$	3,168	$	83

	As of December 31, 2015						Three months ended September 30, 2015				Nine months ended September 30, 2015
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
	(In thousands)
Loans without a      specific valuation      allowance
One-to-four family      residential loans	$	1,224	$	1,238	$	—	$	1,317	$	10	$	1,464	$	31
All other mortgage      loans		—		—		—		533		—		532		—
Commercial business      loans		—		—		—		18		—		9		—
Loans with a      specific valuation      allowance
One-to-four family      residential loans		1,565		1,875		506		1,468		15		1,498		42
All other mortgage      loans		1,061		1,061		13		610		18		314		54
Commercial business      loans		33		33		33		85		—		110		1
Total:
One-to-four family      residential loans	$	2,789	$	3,113	$	506	$	2,785	$	25	$	2,962	$	73
All other mortgage      loans		1,061		1,061		13		1,143		18		846		54
Commercial business      loans		33		33		33		103		—		119		1
	$	3,883	$	4,207	$	552	$	4,031	$	43	$	3,927	$	128

Schedule of Troubled Debt Restructurings

	Quarter-to-Date					Year-to-Date
Troubled Debt Restructurings	Number of loans	Pre- modification Recorded Principal Balance		Post- modification Recorded Principal Balance		Number of loans		Pre- modification Recorded Principal Balance		Post- modification Recorded Principal Balance
		(dollars in thousands)						(dollars in thousands)
September 30, 2016
One-to-four family      residential loans		$	—	$	—		8	$	412	$	412

Schedule of balance of mortgage loans collateralized by residential real estate properties held as foreclosed assets

	September 30, 2016		December 31, 2015
	Recorded Investment
	(In thousands)
One-to-four family residential loans	$	4	$	14

Schedule of balance of mortgage loans collateralized by residential real estate properties that are in formal process of foreclosure

	September 30, 2016		December 31, 2015
	Recorded Investment
	(In thousands)
One-to-four family residential loans	$	179	$	171